Moomoo's parent company, Futu Holdings Ltd. ("Futu" or "the Company") (Nasdaq: FUTU), unveiled its unaudited Q2 2025 earnings. The company experienced a remarkable 69.7% year-over-year ("YoY") increase in revenues, climbing to US$676.6 million. Furthermore, its non-GAAP adjusted net income saw a substantial growth of 105.2% YoY, reaching US$338.8 million. These impressive figures reflect the company's robust performance and strategic growth in the ever-evolving financial markets.
Strong Client and Asset Growth
As of June 30, 2025, Futu Holdings reported 27.12 million registered users, accompanied by 5.24 million brokerage accounts and 2.88 million funded accounts. The company's total client assets surged to an astonishing US$124 billion, marking a 17% growth quarter-over-quarter ("QoQ") and a 68% increase YoY. This growth trajectory signifies the company's ability to attract and retain clients globally. Particularly noteworthy was the Hong Kong market's robust net inflows, with average client assets increasing QoQ by double digits, while the Singapore market demonstrated significant user growth with one in every two Singapore residents now a moomoo user. This performance underscores Futu's expanding influence and success in multiple regions.
Trading Volume and Market Performance
In Q2, Futu's total trading volume across its platforms expanded by 12% QoQ and 121% YoY, reaching US$457 billion. U.S. equities alone accounted for US$343 billion, setting an all-time high. Additionally, Australian, Japanese, Singaporean, and Canadian equities recorded historic highs in quarterly trading volume. This growth is a testament to Futu's effective market strategies and product offerings that cater to diverse investor preferences.
Cryptocurrency Expansion and AI Innovation
During the second quarter, cryptocurrency assets on Futu's platforms grew by an impressive 43% QoQ. Recognizing the transformative potential of digital assets, the company has prioritized cryptocurrency expansion as a core element of its business strategy. Moomoo Crypto has been successfully launched in pro-crypto markets like Hong Kong and Singapore and is now being introduced to U.S. investors. Futu aims to pioneer a comprehensive one-stop investment platform that bridges virtual and traditional finance. With multiple regulatory licenses, Futu is well-positioned to offer a wide range of services for virtual assets, including custody and trading.
Artificial Intelligence ("AI") is another focal point for Futu. Their introduction of Moomoo AI, a state-of-the-art AI chatbot, empowers users to make smarter investment decisions. Other advanced functionalities are available in the Moomoo Membership program, offering premium services that enhance user experience. Futu's dedication to integrating cutting-edge technology into its services ensures it stays ahead in the competitive fintech landscape.
Platform Expansion and New Features
Futu has been proactive in upgrading its platform capabilities and product offerings to meet diverse investor needs. For instance, it introduced US stock options trading in Japan and IPO financing in Malaysia. Furthermore, the Options Strategy Builder for mobile and the ability to trade funds and bonds via desktop are among the latest enhancements. The recent Bullish IPO saw strong interest on the moomoo US platform, with all subscribers securing shares. This variety of features demonstrates Futu's innovative spirit and commitment to meeting investor demands.
Localization Strategy and Educational Initiatives
To address the increasing demand for content related to cryptocurrency and options, moomoo has introduced various educational sections within its app community. By the end of Q2, the community saw rapid growth in user engagement, with nearly two million visits to its free educational courses. Partnerships with organizations like Nasdaq and Japan Exchange Group have strengthened financial literacy through events like MooFest in Japan, which attracted 3,000 investors. Globally, Futu's educational efforts highlight its commitment to investor empowerment and market growth.
Acknowledgements and Future Directions
Moomoo's strategic localization and product-driven advancements have earned it numerous accolades. In Malaysia, moomoo was recognized by Bursa Malaysia with awards for "Top Broker - Highest Number of New Accounts" and "Top Broker - Highest Traded Value." In Australia, it received the "2025 Canstar Outstanding Value" awards for traders and investors, underscoring its "customer-first" approach. Futu's ongoing commitment to innovation and customer value reaffirms its role as a leader in the fintech industry. The company remains focused on expanding its services and maintaining high-quality offerings for global investors.